Analysts covering UroCoin (URO) look at the -4.80% fall on February 14-15

February 15, 2018 - By Dolores Ford

UroCoin (URO) had a bad 24 hours as the cryptocurrency declined $-0.00233 or -4.80% trading at $0.04624. According to International Crypto Analysts, UroCoin (URO) eyes $0.050864 target on the road to $0.0928623995190032. URO last traded at Yobit exchange. It had high of $0.04857 and low of $0.04624 for February 14-15. The open was $0.04857.

UroCoin (URO) is down -59.01% in the last 30 days from $0.1128 per coin. Its up 16.68% in the last 100 days since when traded at $0.03963 and the annual trend is up. 200 days ago URO traded at $0.02908. URO has 1.21M coins mined giving it $55,826 market cap. UroCoin maximum coins available are . URO uses X11 algorithm and PoW proof type. It was started on 12/06/2014.

UroCoin (URO) is an X11 PoW based alternative crypto currency. Uro’s focus is to try and provide a means for efficient international trade of Urea – they wish to provide a backing to the coins market capitalisation by holding Urea itself. The coin has a block time of 3 minutes and retargets using the safe gravity well. There was no premine and the recommended transaction fee is 0.1%. The total coin supply will be 1 million URO in the first six months and then 10% growth per annum to coincide with the projected growth rate of the global Urea market – as such the block reward will drop from 12 URO after the first six months to 1 URO per block in perpetuity.